Buy if it opens above previous close of 1050 TGT 1 - 1073 TGT 2 - 1110 SL - 980
H > 1054.50 C > 1040.10 required with strength to climb up with the candle bridges Currently no momentum
CEAT is looking like it has been reversed from the lows. It can be bought around 998-1005 for Short term Target of 1035-1040, while long minimum target can be 1100 and more. Keep SL below 990.
This one is at the place where we consider ideal place for reversal as per structured pattern , If it drops further without reversing its still going to go up but it will give us the different Information on how its going form next pattern So one can look for Going long only after reversal near 910/915 and suppose it continues to go i will up date different...
use bounces to short this stock any move towards 1000/1020 can be used to enter for targets towards 970/960 with sl placed at 10340
stock forming base on shorter tf can expect a bounce towards levels mentioned in chart.
Ceat, can pull back from the demand zone...!
short below 1050 it can hit 1030/1020/1010 by putting stop of 1060
a break below 1070 might push the stock towards 1045/1025/1005 a break above 1120/1130 will give trending move on upside
Bearish Shark - CEATLTD - 4hr
CEAT FORMS A TRIANGLE PATTERN GO LONG WITH THE TARGET OF 1170 IF THE PATTERN BREAKS THE RESISTANCE LEVEL
Bullish Butterfly - CEATLTD - 4hr